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The differences between junior data analysts and corporate finance analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a junior data analyst and a corporate finance analyst. Additionally, a corporate finance analyst has an average salary of $76,023, which is higher than the $59,197 average annual salary of a junior data analyst.
The top three skills for a junior data analyst include data analysis, python and visualization. The most important skills for a corporate finance analyst are financial analysis, strong analytical, and financial models.
| Junior Data Analyst | Corporate Finance Analyst | |
| Yearly salary | $59,197 | $76,023 |
| Hourly rate | $28.46 | $36.55 |
| Growth rate | 11% | 9% |
| Number of jobs | 125,589 | 114,375 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 76% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
The primary role of junior data analysts is to collect and analyze data to aid organizations in making well-informed business decisions. These professionals are employed in various industries, including banks, telecommunications, and information technology firms. They have varied duties and responsibilities that may include interpreting raw data and identifying patterns, creating visualizations such as flowcharts and dashboards, and coding and re-coding data. Additionally, junior data analysts are expected to maintain databases and identify new opportunities for process improvements. They are also responsible for examining and evaluating business systems and practices.
Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.
Junior data analysts and corporate finance analysts have different pay scales, as shown below.
| Junior Data Analyst | Corporate Finance Analyst | |
| Average salary | $59,197 | $76,023 |
| Salary range | Between $42,000 And $82,000 | Between $52,000 And $109,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | Michigan |
| Best paying company | Fitbit | |
| Best paying industry | Technology | Finance |
There are a few differences between a junior data analyst and a corporate finance analyst in terms of educational background:
| Junior Data Analyst | Corporate Finance Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between junior data analysts' and corporate finance analysts' demographics:
| Junior Data Analyst | Corporate Finance Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 54.6% Female, 45.4% | Male, 63.5% Female, 36.5% |
| Race ratio | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 7% |